., are there specific financial or tax considerations I need to be aware of when investing in US properties (or distressed properties in particular)? 

I owned a mobile home that I needed to move.

What’s the upside to the LLC that you obviously didn’t need for property you’re selling.It’s not going to give you a tax advantage, a privacy advantage or a liability advantage.

In other words, we don't start processing the application until they've provided everything we need.

You need to have two, one is the architect and the other is you/PM.

Also have reached out to tons of agents I have connections with already and not having much luck, so I want to focus on generating off market leads.It's my goal to get really proficient at cold calling.

So you will need to evict.- You could also try selling to another naive investor, but you don't have the infrastructure to do so easily. 2) You'll need to evict the tenant if you haven't already.3) Have 2-3 agents tour the property and take videos of their recommendations of repairs.4) Review all of these to create consensus Scope Of Work (SOW). 5) Get 2-4 bids on the SOW6) Review bids to determine cost effectiveness of what to actually do.

If your property does not have additional upgrades that make it worth more on the market then you likely need to drop the price.

@Keri Win how much time do you think you'll have to invest to learn how to properly manage your rental?

I think the first question you need to answer is if you want to be an active investor or a passive investor.